Oxford Street, Kidderminster

PROPERTY

Description

A rare opportunity to purchase this commercial/residential investment opportunity. The rental incomes are listed below. The Shop is Let on a five year lease from October 2025 at an initial rent of £12,000 per annum. The rental income of the flats sits at each flat achieving £7,200 per annum being £600.00 per calendar month per flat. Rental yield based on shop achieving full income and two flats income if buying at £285,000 as an example would be 9.3% yield. The accommodation for each of the premises are listed below:

SHOP

From Oxford Street a door opens into:

Shop Front

8.17 reducing to 4.56 x 7.52 reducing to 4.27 - (tapering) Double fronted glazed windows giving light to the shop area. As you stand just through the entrance door looking to the left corner there is a door to Storage Room. To the rear of the right had side of the shop a door leads to a

Store Room

3.17 x 2.69 - Ceiling light point. Central heating radiator.

Kitchen

6.09 x 2.04 - Three ceiling light points. Central heating radiator. Smoke alarm. Roll top working surfaces. Stainless steel sink and drainer. Base cupboards. Housing the boiler. Fuse board. Door gives rear access for bins. Further door to:

Cloakroom/w.c.

Leaving the shop

There is an alley giving access to the Communal Door to both flats. Communal door opens to the Communal Entrance Hall - Ceiling light point. Smoke alarm. Stairs rise to the First Floor Landing - Doors leading to Flats 1 & 2

Flat 2

Door opens into

Entrance Hall

Ceiling light point. Smoke alarm. Doors radiate to lounge, kitchen area, bedrooms and bathroom. Loft access.

Lounge & Kitchen

7.93 x 5.12 reducing to 4.01 - Rear and front facing double glazed windows. Two central heating radiators, Six ceiling spotlights. TV aerial point. Kitchen Area - Roll top working surfaces with a range of wall cupboards and base units. Housing the boiler. Integrated electric oven with gas hob. Space and plumbing for washing machine.

Bedroom No 1

3.60 reducing to 2.1 x 4.23 - Front facing double glazed window. Ceiling light point. TV aerial point. A double bedroom.

Bathroom

1.98 x 1.84 - Part tiled. White suite comprising w.c., wash hand basin and bath with 'Mira' shower over.

Bedroom No 2

3.95 x 2.21 - Rear facing double glazed window. Ceiling light point. Central heating radiator,. A further double bedroom.

Flat 1 - Private entrance door

Lounge

4.06 reducing to 3.90 x 3.59 - Rear facing double glazed window. Ceiling light point. Central heating radiator. Smoke alarm. Door to reception hall.

Bedroom

4.24 x 2.06 - Rear facing double glazed window. Ceiling light point. A double bedroom

Dining Kitchen

2.99 x 3.07 - Rear facing double glazed window. Six ceiling spotlights. Centra heating radiator. Housing a new boiler. Part tiled roll top working surfaces with a range of base units and wall cupboards. Integrated electric oven and gas hob with brushed stainless steel extractor hood over. Stainless steel sink and drainer. Space and plumbing for washing machine.

Rear Hall

Two ceiling light points. Smoke alarm. Doors to bedrooms and storage cupboard.

Bedroom

4.24 x 3.59 - Front facing double glazed window. Ceiling light point. Central heating radiator, A further double bedroom

Bathroom

1.99 x 1.84 - Chrome ladder effect towel radiator. Two ceiling spotlights. White suite comprising w.c., bath with shower over and wash hand basin, Part tiled,